|
|
by Komfie Manolo, Opalesque Asia:
Daniel Ades, Managing Partner and Founder of asset management firm Kawa Capital, said there is a huge arbitrage between private and public assets that offers tremendous amount of opportunities for Florida-based hedge funds.
Ades made the statement at the latest Opalesque Florida Roundtable sponsored by Wells Fargo and Eurex. The Roundtable took place on December 2012 at the Wells Fargo Miami office.
"In our view, there is huge arbitrage between private and public assets," Ades said describing the opportunities available for Florida-based hedge funds. He added, "There is certainly a financial inflation in the world where anything that's listed, be it a bond or an equity, has become very expensive. For example, we are just launching a private equity real estate fund. In the private sector you can buy at significant discounts compared with where public securities trade. The big arbitrage here is eventually flipping these assets into public vehicles at some point in the future."
He explained that on the private side Kawa Capital is active in the alternative energy space, solar, and now also real estate where they create assets that generate significant amounts of cash...................... To view our full article Click here
|
|